In April 2010, at the request of the European Parliament’s Committee on Legal Affairs, a report was presented on the harmonization of Insolvency Law at the EU level. In the report disparities between several national insolvency laws are described. The report displays of a number of areas of insolvency law where harmonization at EU level could be worthwhile. However, as the H-word (harmonization) has been avoided the last decade, the question arises whether such harmonization is feasable in any form.
European Company Law